LDO is still stuck in a downtrend, but traders are starting to wonder if a big move might be on the horizon.
The LDO price is hovering around $1.19, and the market is watching one level more than any other, $1.50. If LDO can finally break above that resistance, analysts say it could be the spark that flips the trend.
What you'll learn 👉
LDO Still Trapped in a Long Downward Channel
Well-known analyst Ali Martinez posted a chart on X(Formerly Twitter) showing how LDO price has been trading inside a falling channel since early 2024.
The structure is clear, there’s a steep upper resistance line, a median around $1.15, and lower support closer to $0.60. Every time the price approaches the top of that channel, sellers step in and push it back down.
Lido DAO $LDO remains in a downtrend unless it breaks above $1.50. pic.twitter.com/rWMYUEuoLv
— Ali (@ali_charts) October 4, 2025
Ali summed it up simply: Lido DAO remains in a downtrend unless it breaks above $1.50. That level is now acting as a wall.
If bulls manage to push through and hold above it, the overall structure could flip bullish for the first time in months. Until then, traders are eyeing support zones around $1.00 to $0.97, with deeper support near the $0.70 range.
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Lido DAO Bullish Pattern Forming Under Resistance
Another analyst, Daniel Ramsey, has a more optimistic take. He pointed out that LDO has been “bull flagging below the channel’s resistance” and building pressure for nearly 1,000 days, calling it “descending accumulation.”
On his weekly chart, the candles are pressing against the diagonal resistance while the EMA ribbon is starting to curve upward, a sign that momentum might be shifting.
Ramsey mapped out three potential upside targets if a breakout happens: $2.70, $4.05, and $6.79. These align with Fibonacci retracement levels and previous supply zones. Still, it all depends on one thing, a clean breakout above the channel that has capped LDO price for almost three years.
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What to Watch Next
For now, everything comes down to $1.50. A strong weekly close above that line could trigger a rally toward the mid-$2 range, while a drop below $1.05 could send LDO price back to its long-term demand zone near $0.70.
After nearly three years of sideways compression, Lido DAO is at a crossroads. Whether it breaks free or slides back depends on what happens at that one key level everyone’s watching.
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